
Neur.on
The end-to-end translation solution for legal professionals.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | CHF36.0k | Grant | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Neur.on.ai is an innovative startup that leverages advanced Artificial Intelligence (AI) technology to revolutionize the legal translation industry. Originating as a spin-off from Hieronymus Translations, a Swiss translation agency specializing in legal documents, Neur.on.ai focuses on providing an end-to-end AI-powered solution for legal professionals. The company's primary offering is a platform that allows legal experts to manage the translation process with high accuracy while reducing the need for extensive human resources.
Neur.on.ai operates in the niche market of legal translations, specifically targeting law firms, legal departments, and other entities requiring precise and reliable translation of legal documents. The company's AI-driven platform uses Neural Machine Translation (NMT) engines, which have been enhanced through extensive data collection and cleaning, funded by Innosuisse, a Swiss innovation agency.
The business model of Neur.on.ai is based on a subscription service, where clients pay for access to the platform and its features. This model ensures a steady revenue stream and allows for continuous updates and improvements to the AI technology. Additionally, Neur.on.ai may offer customized solutions and premium services for clients with specific needs, further diversifying its income sources.
Neur.on.ai has gained recognition in the industry, participating in significant conferences like the AMTA (Association for Machine Translation in the Americas) and receiving accolades from notable economic journals. The startup's involvement in the FF Acceleration Program and other entrepreneurial initiatives highlights its commitment to growth and innovation.
In summary, Neur.on.ai is a cutting-edge player in the legal translation market, offering AI-powered solutions that enhance accuracy and efficiency for legal professionals. The company's robust business model and industry recognition position it well for future success.
Keywords: AI-powered, legal translation, Neural Machine Translation, Swiss law, subscription service, legal professionals, Hieronymus Translations, Innosuisse funding, AMTA conference, FF Acceleration Program.